U.S. Bank Deregulation in Historical Perspective

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Publisher : Cambridge University Press
ISBN 13 : 0521028388
Total Pages : 392 pages
Book Rating : 4.5/5 (21 download)

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Book Synopsis U.S. Bank Deregulation in Historical Perspective by : Charles W. Calomiris

Download or read book U.S. Bank Deregulation in Historical Perspective written by Charles W. Calomiris and published by Cambridge University Press. This book was released on 2006-11-02 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-customer relationships. Over the past two decades the characteristics that had made American banks different from other banks throughout the world--a fragmented geographical structure of the industry, which restricted the scale of banks and their ability to compete with one another, and strict limits on the kinds of products and services commercial banks could offer--virtually have been eliminated. Understanding the origins and persistence of the unique banking regulations that defined U.S. banking for over a century lends an important perspective on the economic and political causes and consequences of the current process of deregulation.

Bank Deregulation Yesterday and Today

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Bank Deregulation Yesterday and Today by : David Pope

Download or read book Bank Deregulation Yesterday and Today written by David Pope and published by . This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Banking Deregulation and the New Competition in Financial Services

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Publisher :
ISBN 13 :
Total Pages : 396 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Banking Deregulation and the New Competition in Financial Services by : S. Kerry Cooper

Download or read book Banking Deregulation and the New Competition in Financial Services written by S. Kerry Cooper and published by . This book was released on 1986 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Deregulation

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Publisher : Oxford University Press
ISBN 13 : 0192598961
Total Pages : 240 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Financial Deregulation by : Alexis Drach

Download or read book Financial Deregulation written by Alexis Drach and published by Oxford University Press. This book was released on 2021-05-20 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wave of liberalization swept the developed world at end of the twentieth century. From the 1970s and 1980s onwards, most developed countries have passed various measures to liberalize and modernize the financial markets. Each country had its agenda, but most of them have experienced, to a different extent, a change in regulatory regime. This change, often labeled deregulation and associated with the advent of neoliberalism, was sharply contrasting with the previous era of the Bretton Woods system, which has sometimes been portrayed as an era of financial repression. On the other hand, a quick glance at financial regulation today - at the amount of paper it produces, at its complexity, at the number of people involved, and at the resources invested in it - is enough to say that, somehow, there is more regulation today than ever before. In the new system, financial regulation has taken unprecedented importance. As more archival material is becoming available, a better understanding of the fundamental changes in the regulatory environment towards the end of the twentieth century is now possible. What kind of change exactly was deregulation? Did competition between financial regulators lead to a race to the bottom in regulation? Is deregulation responsible for the recurring financial crises which seem to have characterised the international financial system since the 1980s? The movement towards a more liberal regulatory regime was neither linear nor simple. This book - a collection of chapters studying deregulation in various countries and contexts - examines the national and international pathways of deregulation by providing an in-depth analysis of a short but crucial period in a few major countries.

Global Financial Deregulation

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Publisher : John Wiley & Sons
ISBN 13 : 0631181881
Total Pages : 521 pages
Book Rating : 4.6/5 (311 download)

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Book Synopsis Global Financial Deregulation by : Itzhak Swary

Download or read book Global Financial Deregulation written by Itzhak Swary and published by John Wiley & Sons. This book was released on 1992 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial institutions in developed countries have undergone a profound structural change in recent years. As a result, banking has become internationalized and competition has intensified within vast and complex markets for a range of financial services. This book reviews these changes.

Bank Deregulation & Monetary Order

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Publisher : Routledge
ISBN 13 : 1134825765
Total Pages : 299 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Bank Deregulation & Monetary Order by : George Selgin

Download or read book Bank Deregulation & Monetary Order written by George Selgin and published by Routledge. This book was released on 2002-03-11 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can the 'invisible hand' handle money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis. The volume is divided into three sections: * Part I refutes conventional wisdom holding that any monetary system lacking government regulation is 'inherently unstable', and looks at the workings of market forces in an otherwise unregulated banking system. * Part II draws on both theory and historical experience to show how various kinds of government interference undermine the inherent efficiency, safety, and stability of a free monetary system. * Part III completes the argument by addressing the popular misconception that a monetary system is unsound unless it delivers a stable output price-level.

Economic Regulation and Its Reform

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Publisher : University of Chicago Press
ISBN 13 : 022613816X
Total Pages : 619 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose

Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Bank Deregulation and Monetary Order

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Publisher :
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.:/5 (896 download)

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Book Synopsis Bank Deregulation and Monetary Order by : George A. Selgin

Download or read book Bank Deregulation and Monetary Order written by George A. Selgin and published by . This book was released on 1996 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Big Bad Banks?

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4./5 ( download)

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Book Synopsis Big Bad Banks? by : Thorsten Beck

Download or read book Big Bad Banks? written by Thorsten Beck and published by World Bank Publications. This book was released on 2007 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income distribution. We find that branch deregulation lowered income inequality. Deregulation lowered income inequality by affecting labor market conditions, not by boosting the business income of the poor, nor by enhancing educational attainment. Reductions in the earnings gap between men and women and between skilled and unskilled workers account for the bulk of the explained drop in income inequality.

The Deregulation of the Banking and Securities Industries

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Publisher : Beard Books
ISBN 13 : 158798167X
Total Pages : 370 pages
Book Rating : 4.5/5 (879 download)

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Book Synopsis The Deregulation of the Banking and Securities Industries by : Lawrence G. Goldberg

Download or read book The Deregulation of the Banking and Securities Industries written by Lawrence G. Goldberg and published by Beard Books. This book was released on 2003 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previously published book. It is composed of a series of papers written for a two-day conference at NYU in 1978 dealing with the problems involved in the deregulation of the banking and securities industries.

The Changing Face of American Banking

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Publisher :
ISBN 13 : 9781349551651
Total Pages : 0 pages
Book Rating : 4.5/5 (516 download)

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Book Synopsis The Changing Face of American Banking by : Ranajoy Ray Chaudhuri

Download or read book The Changing Face of American Banking written by Ranajoy Ray Chaudhuri and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With almost 6,300 commercial banks, significantly more than in any other country, the world of US banking is unique, fascinating, and always in flux. Two principal pieces of legislation have shaped the banking structure in this country: The McFadden Act of 1927, which prohibited banks from branching into other states, and The Glass-Steagall Act of 1933, which separated commercial and investment banking activities. The repeal of the Glass-Steagall Act in 1999 was one of the main contributing factors behind the global financial crisis of 2008. This measure resulted in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which once again prohibited commercial banks from making certain types of speculative investments. The Changing Face of American Banking analyzes the impact of both these acts - as well as that of their subsequent repeal - in depth, examining the real effects of government regulations on the US commercial banking sector. Ray Chaudhuri pinpoints the evolving nature of US commercial banks and banking regulations and explores their impact on the economy. Instead of just focusing on banks and regulations, this work considers the correlations and causality between banking performance and economic growth and productivity. It also brings the banking literature up to date with the 2008-2009 financial crisis and its aftermath, including the passage of the Dodd-Frank Act of 2010 and its effect on American banking.

Bank Deregulation and Its Impact on Small Business Lending

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Publisher :
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Bank Deregulation and Its Impact on Small Business Lending by : United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities

Download or read book Bank Deregulation and Its Impact on Small Business Lending written by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Access to Equity Capital, and Business Opportunities and published by . This book was released on 1982 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

US Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income

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Publisher :
ISBN 13 : 9788275533638
Total Pages : 57 pages
Book Rating : 4.5/5 (336 download)

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Book Synopsis US Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income by : Yuliya Demyanyk

Download or read book US Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income written by Yuliya Demyanyk and published by . This book was released on 2006 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Welfare Policy and the Welfare State

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Publisher : Transaction Publishers
ISBN 13 : 9780202365176
Total Pages : 188 pages
Book Rating : 4.3/5 (651 download)

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Book Synopsis Corporate Welfare Policy and the Welfare State by : Davita Silfen Glasberg

Download or read book Corporate Welfare Policy and the Welfare State written by Davita Silfen Glasberg and published by Transaction Publishers. This book was released on with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry. In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."

Too Many to Fail

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Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Too Many to Fail by : Jeremy C. Kress

Download or read book Too Many to Fail written by Jeremy C. Kress and published by . This book was released on 2020 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 2008 financial crisis, policymakers and scholars have fixated on the problem of “too-big-to-fail” banks. This fixation, however, overlooks the historically dominant pattern in banking crises: the contemporaneous failure of many small institutions. We call this blind spot the “too-many-to-fail” problem and document how its neglect has skewed the past decade of financial regulation. In particular, we argue that, for so-called community banks, there has been a pronounced and unjustifiable shift toward deregulation, culminating in sweeping regulatory rollbacks in the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018.As this Article demonstrates, this deregulatory trend rests on three myths. First, that community banks do not contribute to systemic risk and were not central to the 2008 crisis. Second, that the Dodd-Frank Act imposed regulatory burdens that threaten the survival of the community bank sector. And third, that community banks cannot remain viable without special subsidies or regulatory advantages. While these claims have gained near-universal acceptance among legal scholars and policymakers, none of them withstands scrutiny. Contrary to the conventional wisdom, community banks were key participants in the 2008 crisis, were not uniquely burdened by post-crisis reforms, and continue to thrive economically. Dispelling these myths about the community bank sector leads to the conclusion that diligent oversight of community banks is necessary to preserve financial stability. Accordingly, this Article recommends a reversal of the community bank deregulatory trend and proposes affirmative reforms, including enhanced supervision and macro-prudential stress tests, that would help mitigate systemic risks in the community bank sector.

Commercial Banking in an Era of Deregulation

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Publisher : Praeger Publishers
ISBN 13 :
Total Pages : 456 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Commercial Banking in an Era of Deregulation by : Emmanuel N. Roussakis

Download or read book Commercial Banking in an Era of Deregulation written by Emmanuel N. Roussakis and published by Praeger Publishers. This book was released on 1984 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Financial Crisis Inquiry Report

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Publisher : Cosimo, Inc.
ISBN 13 : 1616405414
Total Pages : 692 pages
Book Rating : 4.6/5 (164 download)

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Book Synopsis The Financial Crisis Inquiry Report by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.